January 29, 2015 1:43 AM ET


Company Overview of Protective Life Insurance Company

Company Overview

Protective Life Insurance Company provides financial services through the production, distribution, and administration of insurance and investment products primarily in the United States. The company operates through Life Marketing, Acquisitions, Annuities, Stable Value Products, and Asset Protection segments. The Life Marketing segment markets universal life, variable universal life, bank-owned life, and level premium term insurance products through a network of independent insurance agents and brokers, stockbrokers, and independent marketing organizations. The Acquisitions segment acquires, converts, and services life insurance policies and annuity products of other insurance companies. Th...

2801 Highway 280 South

Birmingham, AL 35223

United States

Founded in 1907

2,402 Employees

Key Executives for Protective Life Insurance Company

Chairman of the Board
Age: 62
Vice Chairman and Chief Financial Officer
Age: 53
Chief Investment Officer and Executive Vice President
Age: 57
Executive Vice President
Age: 60
Chief Accounting Officer
Age: 54
Compensation as of Fiscal Year 2014.

Protective Life Insurance Company Key Developments

Protective Life Insurance Company Appoints Wade Harrison as New Senior Vice President and Chief Product Officer

Protective Life Insurance Company has hired Wade Harrison as its new senior vice president and chief product officer. In his new role, Harrison will lead the team that designs, develops and implements life and annuity products. Harrison most recently served as senior vice president of Financial Service Operations for COUNTRY Financial in Bloomington, Illinois, where he was responsible for the company's life and health operations including product development, underwriting, policy services, actuarial valuation and pricing functions.

MONY Life Insurance Company, Protective Life Insurance Company - M&A Call

MONY Life Insurance Company, Protective Life Insurance Company - M&A Call

Protective Life Reportedly In Lead To Acquire AXA's U.S. Life Business

Protective Life Insurance Company is reportedly the front runnner to acquire AXA Group's U.S. life insurance assets in a transaction that could be valued at around $1 billion, according to two people familiar with the situation. AXA has also hired Morgan Stanley to find a buyer for the assets, which inludes The MONY Group, Inc., according to the sources who spoke with Reuters this week. Both sources asked not to be named because the matter is not public. Spokeswoman for AXA and Morgan Stanley declined to comment and Protective Life did not immediately respond to requests for comment to Reuters.

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